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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Pigboy who wrote (14226)	2/10/1998 5:29:00 PM
From: Patrick Sharkey	Read Replies (3) of 29386

Based upon past disclosures, there is no reason to believe that Q1 or Q2 of this year will be any better than Q4 of last year since there has not yet been any firm announcements of firm revenue numbers with firm delivery dates -- only the discussion of the Litton collaboration and the later story about TASC, Litton's new subsidiary, being in a position to obtain orders from the US Government. Has anything else been announced at this point? If not, it would appear best to assume that the early part of the year will be bleak, with a much, much better second half -- although it is never clear when those second-half revenue producers will be announced. We easily could hear of contract announcements in Q1 which won't produce revenue until Q3 and 4, which will make the price move up so everything remains speculative at this point.

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